Business management of R&D and technology acquisition

Abstract

This paper suggests ways that an R&D organization can increase its role in proactive planning and representation of the plan in business terms. Through roadmap planning, long-term improvements can be made to resource management and flexibility of R&D operations. The R&D organization can become more influential in budget decisions with improved credibility. Based on that influence, the R&D organization can offer alternatives for managing tight budgets and assist business management in making those difficult tradeoffs between long-term and short-term objectives.